Global Markets Risk Sr. Manager

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

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  Provides oversight of identification of market risk exposures and mitigation strategies and resolutions in accordance with the bank's risk appetite and risk limits identified, as well as regulatory requirements, as applicable

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  Provides oversight of risk requests, breach remediations and providing risk effective challenges for front line units

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  Oversees development of market risk coverage plans, execution of monitoring, testing and risk assessments, and market risk reporting for specific products

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  Liaisons with businesses to understand market trends and impacts on portfolio, using knowledge of stress testing and its applicability to market risk

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  Ensures adherence to the policies and procedures established by the company

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  Provide authoritative oversight across all major exposures in the US Non-linear portfolio, ensuring senior management receives timely, high‑quality risk insights and forward‑looking assessments.

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  Partner with Business, Legal, Finance, and Operations to ensure new products meet the firm’s standards for transparency, valuation, and risk management techniques.

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  Act as the principal director level challenger to the Front Office on risk drivers, concentrations, and emerging vulnerabilities, ensuring the business operates firmly within the firm’s stated risk appetite.

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  Lead enforcement of risk limits, ensuring breaches or material deviations are escalated promptly with clear remediation expectations.

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  Partner with Front Office leadership to enhance transparency, strengthen risk discipline, and drive meaningful improvements in portfolio construction and risk‑return efficiency.

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  Continuously assess developments in market fundamentals, macroeconomics, geopolitics, and cross‑asset market structure, translating them into actionable risk guidance for trading management.

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  Design and deliver high‑impact stress scenarios, quantify portfolio vulnerabilities, and influence strategic repositioning where tail exposures are misaligned with risk appetite.

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  Drive enhancements to risk infrastructure, reporting design, data quality, and analytic tooling to ensure precision, robustness, and global consistency.

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  Oversee regulatory risk deliverables (e.g., CCAR, internal stress programs, point‑of‑weakness reviews), ensuring that director level judgment is applied to the integrity of methodologies and outputs.

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  Lead independent risk review of bespoke, structured, or novel transactions, ensuring risks are thoroughly understood, accurately quantified, and acceptable under firm‑wide governance.

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  Mentor and elevate team capabilities across the global risk organization, promoting excellence, sound judgment, and a culture of constructive challenge.

• Solid academic background, which may include a postgraduate qualification

• Good people skills demonstrated across various communication styles (both written and verbal)

• Knowledge of financial markets, ideally with solid understanding of Macroeconomics 

• Understanding of financial derivatives and rates exotic modelling

• Ability to multi-task and prioritize across several competing demands, meeting tight deadlines

• Previous experience as a Risk Manager working directly with the Front Line and performing risk analysis is desirable

• Effective team player

• Intellectual curiosity

• Excellent problem-solving skills

• Highly motivated with the drive and potential to learn from others 

• Analytical Thinking

• Critical Thinking

• Portfolio Analysis

• Risk Analytics

• Collaboration

• Decision Making

• Oral Communications

• Presentation Skills

• Written Communications

• Issue Management

• Monitoring, Surveillance, and Testing

• Regulatory Compliance

• Technical Documentation

• Trading Strategy